MBL Now Owned by a Luxury Goods Company
Chow Tai Seng Jewelry Co., Ltd. established a separate business venture, MBL International, to acquire assets of a private German company MBL Akustikgeräte GmbH & Co. KG, inventor of radialstrahler loudspeaker technology and prominent high end audio manufacturer. MBL Akustikgeräte GmbH & Co. KG was put into administration by Berlin court in the end of […]
Polish Diora Brand Rescued from Liquidation by Unitra
Diora Świdnica resumes operation as a first step of takeover by another Polish hi-fi brand, Unitra. Unitra sp. z o.o. signed a lease agreement for Diora factory and re-hired about 50% of workforce which was laid off in July (see our post here). According to Unitra’s board member and future Diora CEO CEO Daniel Kostrzewa, […]
Cocktail Audio and Auralic Close Businesses, Leave Customers in Limbo
Both companies were significant players in hi-fi streamer market and their disappearance may bring considerable frustration to the customers who have bought their streaming products.It is unknown what cause Cocktail Audio, or to be more precise its mother company Novatron of Korea, to cease operations, but their range of relatively inexpensive music servers-streamers was recently […]
High End Show Appoints New Managing Director
Pending venue change in 2026, the High End Show organisers (High End Society Service GmbH) appointed Manuel Pinke as the Managing Director, effective November 1st. For 21 years High End Show was held in Munich and soon become a most important trade event for home audio worldwide. Considering that the Show is outgrowing available spaces, […]
Music pro Dirk Ulrich buys Manley Labs
Dirk Ulrich came to fame in Leverkusen, Germany as a music and media producer, running his own company Brainworx (founded 2000). In 2016 he moved to USA with his family and continued his work in developing software plugins for mastering engineers for another company of his, Plugin Alliance (founded 2011). In 2022 Dirk Ulrich sold […]
Diora Swidnica Sp. z o.o. in trouble, possible purchase by Unitra in the works
A well-known Polish OEM loudspeaker cabinet manufacturer Diora Swidnica Sp. z o.o., which also produces Diora brand loudspeakers, declared insolvency in the beginning of June and currently is in administration.Diora, unfortunately, has a long history of financial troubles and was a recipient of special government emergency financial aid packages several times. While the brand name […]
MBL Akustikgeräte GmbH & Co. KG insolvent, goes into administration
MBL, a private company in Berlin, Germany, known for proprietary loudspeaker technology (radialstrahler, or radial driver, imitating pulsating sphere), went into administration to shield the company from creditor enforcement actions after declaring insolvency on May 27, obviously due to cash flow problems. The legal process of administration is intended to preserve the valuable assets of […]
Change of leadership with new CEOs at T+A and PMC
Both PMC (The Professional Monitor Company, Ltd) and T+A (T+A elektroakustik GmbH & Co. KG) are family-owned audio businesses with a long and famed history. Both have appointed younger family members as new CEO to lead the companies into the future.T+A is a German hi-fi electronics and speaker manufacturer established in 1978 by Siegfried Amft, […]
The brief history of Rekkord Audio, and what Dual turntables have to do with a company in Austria
While nowhere near the scale of recent acquisitions in the audio world (Beyerdynamic, Denon/Marantz/Bowers & Wilkins, Klipsch/Pioneer/Onkyo, Sonus Faber/McIntosh) there is another string of brands being consolidated — under the umbrella of Audio Tuning GmbH in Mistelbach, Austria.Audio Tuning Vertriebs GmbH, founded by Austrian businessman Heinrich ‘Heinz’ Lichtenegger in 1986, started as an audio distribution […]
Beyerdynamic sold to Cosonic, a Chinese corporate entity
According to reports both in East Asia and in Germany, Beyerdynamic, a privately owned German company, and one of the well-known headphone technology pioneers, is soon to be acquired by Cosonic Electronics Co, Ltd. Cosonic essentially is a brand name, and Cosonic Electronics is fully owned by Jiahe Intelligent Technology Co., Ltd. of Dongguan, China.Jiahe […]
